Like many other new coins that introduced into circulation at an early stage, new Canada Loonie and Toonie are having the same problem as Malaysia new coins, some parking meters and coin operated machines don't accept this new coins. CBC News reported that New loonies and toonies are causing problems for people using coin-operated parking meters in Winnipeg. According to an official with the Winnipeg Parking Authority, Colin Stewart, Some of the machines are not accepting the new coins. This is because the parking meter has not been calibrate to accept the new coins because the new coins have a different electro-magnetic signature than older ones. Because of that, they are falling into meters without registering. The problem affected older machine since a machine that under 6 years of age can be calibrate faster. According to Don Rischuk of Vending Design Works in Winnipeg, he estimated a technician may need up to an hour to reset a machine at a cost of about $65. If you own a hundred machines. That's $6,500.
Picture by Toronto Star: New Loonie
In a report by Katie Daubs from Toronto Star she share an email reply by a spokesperson for the Royal Canadian Mint said the vending industry and “coin acceptance mechanism manufacturers” have known about this for two years. Ultimately, it is the responsibility of the individual operators to initiate the changeover of equipment, the necessity of which we have communicated for several years,” Alex Reeves wrote.
On 10 April 2012, Royal Canadian Mint has release into circulation a new generation of one dollar and two dollar circulation coins. The new Loonie and Toonie incorporate advanced security features and are manufactured with the Mint's patented multi-ply plated steel technology. The reverse (or tails side) of both coins features a laser mark micro-engraving, and the two-dollar coin also contains a virtual image and edge-lettering. With the exception of these additional security features, the new coins will have the same diameter and thickness as the current coins.
Source: CBC Canada, Toronto Star.
New coin will bring new problem for users that want to use coin operated machines, New Malaysia coins also have the same problem but you can report it the coin operated machines problem to Malaysia Central Bank.
